WI level was at 0.150%
– High yield rate 0.151%
– Bid to cover 2.41x vs. six-month average of 2.64x
– Dealers 32.2% vs. 31.9% average
– Directs 15.6% vs. 15.3%
The tail was a modest 0.1 basis points. The bid to cover was light at 2.41x vs. the six-month average. Dealers were settle with a bit more than the average at 32.2%.